After a big jump in many economic data points for January, economic indicators broadly weakened in February/March, highlighting how much of January's big jump was just seasonal noise.
With jobs openings, I've heard now that since Covid the numbers are skewed to the upside. If you search for some remote position on LinkedIn, for instance, you might find it advertised as a job openign in a myriad of cities, when really it is just one position.
That's an interesting point that you raise. I have heard similar murmurings about the accuracy of the job openings numbers - I certainly wouldn't be using it as my main yardstick. Instead, I think it's a useful data point to note amidst a broader overview of employment market data.
Thanks, that's a very comprehensive review.
With jobs openings, I've heard now that since Covid the numbers are skewed to the upside. If you search for some remote position on LinkedIn, for instance, you might find it advertised as a job openign in a myriad of cities, when really it is just one position.
Thank you!
That's an interesting point that you raise. I have heard similar murmurings about the accuracy of the job openings numbers - I certainly wouldn't be using it as my main yardstick. Instead, I think it's a useful data point to note amidst a broader overview of employment market data.
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Well documented report! Worth multiple reads
Thank you!